Pesona Metro (Malaysia) Market Value
| 8311 Stock | 0.31 0.01 3.33% |
| Symbol | Pesona |
Pesona Metro 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Pesona Metro's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Pesona Metro.
| 12/29/2023 |
| 12/23/2024 |
If you would invest 0.00 in Pesona Metro on December 29, 2023 and sell it all today you would earn a total of 0.00 from holding Pesona Metro Holdings or generate 0.0% return on investment in Pesona Metro over 360 days. Pesona Metro is related to or competes with Sunway Construction, JAKS Resources, PESTECH International, Tadmax Resources, Ho Hup, and Central Industrial. More
Pesona Metro Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Pesona Metro's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Pesona Metro Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.05 | |||
| Information Ratio | 0.1291 | |||
| Maximum Drawdown | 8.33 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 4.17 |
Pesona Metro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pesona Metro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pesona Metro's standard deviation. In reality, there are many statistical measures that can use Pesona Metro historical prices to predict the future Pesona Metro's volatility.| Risk Adjusted Performance | 0.1192 | |||
| Jensen Alpha | 0.3562 | |||
| Total Risk Alpha | 0.2771 | |||
| Sortino Ratio | 0.0804 | |||
| Treynor Ratio | (0.91) |
Pesona Metro Holdings Backtested Returns
Pesona Metro appears to be out of control, given 3 months investment horizon. Pesona Metro Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the firm had a 0.17% return per unit of risk over the last 3 months. We have found thirty technical indicators for Pesona Metro Holdings, which you can use to evaluate the volatility of the company. Please evaluate Pesona Metro's Coefficient Of Variation of 705.09, risk adjusted performance of 0.1192, and Semi Deviation of 1.75 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Pesona Metro holds a performance score of 13. The company holds a Beta of -0.38, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Pesona Metro are expected to decrease at a much lower rate. During the bear market, Pesona Metro is likely to outperform the market. Please check Pesona Metro's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Pesona Metro's historical price patterns will revert.
Auto-correlation | 0.52 |
Modest predictability
Pesona Metro Holdings has modest predictability. Overlapping area represents the amount of predictability between Pesona Metro time series from 29th of December 2023 to 26th of June 2024 and 26th of June 2024 to 23rd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pesona Metro Holdings price movement. The serial correlation of 0.52 indicates that about 52.0% of current Pesona Metro price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pesona Metro Holdings lagged returns against current returns
Autocorrelation, which is Pesona Metro stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Pesona Metro's stock expected returns. We can calculate the autocorrelation of Pesona Metro returns to help us make a trade decision. For example, suppose you find that Pesona Metro has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Pesona Metro regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Pesona Metro stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pesona Metro stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pesona Metro stock over time.
Current vs Lagged Prices |
| Timeline |
Pesona Metro Lagged Returns
When evaluating Pesona Metro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pesona Metro stock have on its future price. Pesona Metro autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Pesona Metro autocorrelation shows the relationship between Pesona Metro stock current value and its past values and can show if there is a momentum factor associated with investing in Pesona Metro Holdings.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Pesona Stock
Pesona Metro financial ratios help investors to determine whether Pesona Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pesona with respect to the benefits of owning Pesona Metro security.